The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Quotes of the month

"So far-reaching and significant may be the decisions to come around capital requirements, funding liquidity and reserving that policymakers should not be precipitate in making those. Indeed I would advise that no such decisions should be taken now. There is no need"
John Varley, chief executive of Barclays, warns that regulators should think carefully before imposing stringent new laws on the banking system

(see Barclays: The bank that lived)

"Chairman Bernanke and the Fed have done a great job. If the Fed hadn’t done what it did, then it would have been Armageddon"

Larry Fink, chief executive of BlackRock, pays tribute to the Fed chairman for stabilizing financial markets.

Now Fink hopes to make the most of the opportunities presented

(see Asset management: Fink puts BlackRock centre stage)

"It’s like peeing in your pants. It feels good, but only for a very short time"

Annika Falkengren, chief executive of SEB, on Baltic devaluation

"One person has described the crisis like this... on the left of the balance sheet, nothing is right. On the right of the balance sheet, nothing is left"

Ronald O’Hanley, president and chief executive of BoNY Mellon Asset Management, helps us to understand the credit crunch.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree